(ĐN)- Dong Nai branch of Agribank said that the bank has so far provided loans worth over VND 4 billion for 100 farm households under the government’s soft loan program.
(ĐN)- Dong Nai branch of Agribank said that the bank has so far provided loans worth over VND 4 billion for almost 100 farm households under the government’s soft loan program.
The program, stipulated in the Decision No. 497/QD-TTg, will end Dec 31, encouraging farmers to borrow money from banks at 4% interest rate to buy fertilizer, pesticides and construction materials, repayable over 24 months.
The program is under the VND17 trillion interest rate subsidy package launched by the Government in February to spur economic recovery this year.
Reported by G.H
